NO RANDS : MINISTER

Industry and Commerce minister, Nqobizitha Mangaliso Ndlovu
has shot down the suggestion by billionaire telecoms tycoon Strive Masiyiwa for
Zimbabwe to price all goods in South African rand to achieve price stability.

Masiyiwa recently said the co…

Industry and Commerce minister, Nqobizitha Mangaliso Ndlovu has shot down the suggestion by billionaire telecoms tycoon Strive Masiyiwa for Zimbabwe to price all goods in South African rand to achieve price stability. Masiyiwa recently said the country would do well to abandon the United States dollar as the currency of settlement for rand imports which account for 80% of goods sold in